Sage Rhino Capital LLC Buys 30,028 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Sage Rhino Capital LLC increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 32.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 121,405 shares of the company’s stock after acquiring an additional 30,028 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF comprises 1.9% of Sage Rhino Capital LLC’s investment portfolio, making the stock its 12th biggest position. Sage Rhino Capital LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,046,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of VCIT. Bank of America Corp DE boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.1% in the 4th quarter. Bank of America Corp DE now owns 84,849,444 shares of the company’s stock valued at $7,106,141,000 after buying an additional 2,552,216 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 83,976,379 shares of the company’s stock worth $7,033,022,000 after acquiring an additional 3,339,026 shares during the last quarter. Creative Planning lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after acquiring an additional 927,083 shares during the period. Morgan Stanley lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 22.4% during the fourth quarter. Morgan Stanley now owns 24,048,406 shares of the company’s stock valued at $2,014,054,000 after acquiring an additional 4,399,400 shares during the period. Finally, LPL Financial LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 10,895,493 shares of the company’s stock valued at $912,498,000 after acquiring an additional 604,588 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock traded down $0.30 during midday trading on Tuesday, reaching $82.09. The stock had a trading volume of 2,301,218 shares, compared to its average volume of 11,617,223. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $81.43 and a twelve month high of $84.84. The business has a fifty day simple moving average of $82.48 and a two-hundred day simple moving average of $83.20.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.3319 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.